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Equator secures $40M in commitments for fund targeting climate tech startups in Africa

Equator secures $40M in commitments for fund targeting climate tech startups in Africa

Africa contributes less than 3% of the world’s energy-related carbon dioxide emissions but the continent will be one of the most impacted by the adverse effects of climate change. Some explanations for Africa’s vulnerability include poor diffusion of technologies and information relevant to supporting adaptation, usually provided by clean or climate tech companies. Despite the…

Yellen urges IMF to press creditors to finalize debt restructurings

Yellen urges IMF to press creditors to finalize debt restructurings

© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen delivers remarks at the National Association for Business Economics 39th Annual Economic Policy Conference in Washington, U.S., March 30, 2023. REUTERS/Leah Millis WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Tuesday called for quicker action to resolve several outstanding sovereign debt restructuring cases and urged the…

Putin said Finland joining NATO didn’t pose a threat, but now that it’s a done deal, Russia is warning it will have to take action

Putin said Finland joining NATO didn’t pose a threat, but now that it’s a done deal, Russia is warning it will have to take action

Last May, Russian President Vladimir Putin and his top diplomat unexpectedly downplayed the significance of Finland joining the NATO alliance — the possibility of which previously led Moscow to repeatedly threaten the Nordic country. Putin said at that time that Finland joining NATO didn’t pose an “immediate threat” to Russia.The Kremlin is, however, shifting its…

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Stocks Higher, Walmart Job Cuts, Credit Suisse Apology, Virgin Orbit Bankruptcy, Donald Trump Arraignment

Stock futures edge higher as recession worries clip treasury yields; Walmart planning 2,000 e-commerce job cuts as demand wanes; Credit Suisse chairman ‘truly sorry’ for bank collapse as shareholders vent ire; Virgin orbit files for bankruptcy after January launch failure and Former President Donald Trump faces historic arraignment in Manhattan court…